Re:DigitalOcean Is Doing Layoffs Right Now
by sct202 on Wednesday February 15, 2023 @10:32AM
(#34805108)
Gross profit is before a lot of people related expenses are taken out (R&D, sales and marketing, and other admin). Their net income was only $10m for the time frame you're quoting.
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Re:DigitalOcean Is Doing Layoffs Right Now
by maerF0x0 on Wednesday February 15, 2023 @10:53AM
(#34805468)
Its so crazy to put into perspective. After a whole year, what was their net productivity, with all that tech, all those people, all those degrees?
about 25 single family homes.
Re:DigitalOcean Is Doing Layoffs Right Now
by colinjoy on Wednesday February 15, 2023 @11:50AM
(#34806632)
That idea of productivity is odd to me. If I build a house for you and you build a house for me and we both compensate each other with the same $ amount for the work, is that a net productivity of 0? Two new houses got build.
Re:DigitalOcean Is Doing Layoffs Right Now
by maerF0x0 on Wednesday February 15, 2023 @11:54AM
(#34806735)
you're right in that regard. But I'm looking at it as net of the whole system inputs.
You put in one house, I put in one house. There are no resultant houses for others to consume remaining.
Another way to think about it might be manual farm labor. If an acre of food grows enough potatoes to feed 1.2 people (idk if that's true), and it takes 1 person to labor over. The acre is only producing enough food to have .2 people as non-farmers.